Retail sales in Chile fell 5.6 percent year-on-year in May of 2022, following a downwardly revised 19.6 percent jump in the previous month. It was the first contraction in monthly retail trade since July of 2020, snapping a 21-month long run of growth in retail activity. The steepest declines in receipts were seen within sales of electronic, technological & household products (-26.0 percent vs 7.3 percent in April); construction materials and tools (-21.6 percent vs -10.1 percent); food products (-8.5 percent vs 7.3 percent); and beverages & tobacco products (-6.1 percent vs 23.2 percent). On a monthly basis, retail sales rose 5.9 percent, bouncing back from an upwardly revised 7.6 percent fall in the previous month. source: National Institute of Statistics, Chile
Retail Sales YoY in Chile averaged 7.04 percent from 2006 until 2022, reaching an all time high of 73.40 percent in May of 2021 and a record low of -32.10 percent in April of 2020. This page provides - Chile Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Retail Sales YoY in Chile is expected to be 8.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Retail Sales YoY is projected to trend around 3.00 percent in 2023, according to our econometric models.